Indian economy projected to grow 6.5% in 2024: UNCTAD Context: The UN report forecasts India’s economy to grow by 6.5% in 2024, maintaining its position as the fastest-growing major economy globally. This growth is attributed to factors such as strong public investment and robust demand […]
New private investments dip 15%; States lead capex rise Context: In the fiscal year 2023-24, India witnessed a notable decline in fresh private sector investment plans, with foreign investors reducing their outlays by nearly a third. This dip in new investment announcements has raised concerns […]
Sovereign Green Bonds Context: Recently, the Reserve Bank of India (RBI) opened the doors for Foreign Institutional Investors (FIIs) to invest in India’s Sovereign Green Bonds (SGrBs), marking a significant step towards funding projects aimed at accelerating the country’s transition to a low carbon economy. […]
Annual Status of Education Report (ASER) Context: Annual Status of Education Report (ASER) is a significant survey conducted by the Pratham Education Foundation, serving as a vital source of information on children’s foundational skills in India. Relevance: GS-02 , GS-03 (Social Empowerment, Education) Overview of […]
ETHANOL 100 Context: The Union Ministry launched ‘ETHANOL 100’ in Maharashtra, Karnataka, Uttar Pradesh, New Delhi, and Tamil Nadu. Relevance: GS-03 (Environment, Economy) About ETHANOL 100: India commenced the sale of ETHANOL 100 across 183 Indian Oil outlets in Maharashtra, New Delhi, Karnataka, Tamil Nadu […]
Encouraging Innovation in Digital Communication: TRAI’s Regulatory Sandbox Recommendations Context: Recently, TRAI has released recommendations on establishing a regulatory sandbox framework to foster innovative technologies, services, use cases, and business models in the digital communication sector. Relevance: GS-03 (Science & Technology) Key Highlights: Recognizing the […]
Sea Defenders-2024 Context: The four-day maritime security exercise ‘Sea Defenders-2024’ between the Indian Coast Guard (ICG) and United States Coast Guard (USCG) concluded at Port Blair on March 9, 2024, aiming to enhance maritime cooperation and interoperability between the two forces. Relevance: GS-03 (Security) Key […]
Growth and Trade Policy Reforms Context: In a recent development, the Asian Development Bank (ADB) has revised its growth forecast for India’s GDP in the current fiscal year, projecting a 7% expansion compared to its previous estimate of 6.7%. This upward revision is attributed to […]
ISRO’s ‘zero orbital debris’ milestone Context: The Indian Space Research Organisation (ISRO) has achieved a remarkable feat with its PSLV-C58/XPoSat mission, leaving virtually zero debris in Earth’s orbit. This achievement marks a significant step forward in addressing the growing concern of space debris, a pressing […]
Baobab Tree Context: The Global Society for the Preservation of Baobabs and Mangroves (GSPBM) has launched an initiative to revive the iconic baobab trees in Madagascar. Relevance: GS-03 (Conservation) Overview of Baobab Tree: The baobab tree, also known as the upside-down tree, is a long-lasting […]